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MSME DIGITALISATION
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...- Tripura attracted Rs 30,000 crore investment proposals last year with Rs 8,000 crore projects grounded: CMTripura is experiencing significant economic growth. The state attracted investment proposals exceeding Rs 30,000 crore, with over Rs 8,000...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- SBI grants loans of Rs 74,434 cr to 2.25 lakh MSMEs via digital meansState Bank of India has disbursed Rs 74,434 crore to 2.25 lakh MSMEs in under 15 months. The bank's SME Digital Business Loans platform off...
- Digital Footprint to help MSME get up to Rs 5 L loans from Muthoot FinCorp ONEMuthoot FinCorp ONE will offer loans with daily repayment options to Micro, Small and Medium Enterprises (MSME) that use QR-code based apps...
- Tamilnad Mercantile Bank to open 40 new branches, hire global consultant for MSMEsDuring the AGM, the bank highlighted its continued focus on growth and transformation, laying out a comprehensive plan for expansion and di...
- Scheme unveiled to help 500k MSMEs join ONDCMinistry's initiatives focus on empowering MSMEs, especially micro-enterprises, through various schemes, including Khadi brand rejuvenation...
- Digital advances and subsidies propel the state’s thriving MSME sector, says Shashi Panja, Minister of Industries, West BengalAt the ET Make in India SME summit’s Kolkata edition, Shashi Panja highlighted the various policies adopted by the TMC government to suppor...
- Govt funding key to digitalisation, say 80% of SMEs: SurveyWhile 65% agree that they have received funding from the government at least once, majority of businesses feel that there should be more fu...
- Women-run MSMEs avail over Rs 400 cr of loans in FY23: ReportWomen-run micro, small and medium enterprises (MSME) have availed loans worth Rs 430 crore, accounting for 24 per cent of the overall loans...
- Backed by IFC, Bizongo aims to digitise supply chainsFor small businesses, adopting technology is the way forward to remain competitive, but financial burden and lack of awareness can easily s...
- MSME Day 2023: Narayan Rane calls for digitalisation to help small businesses become resilientThe minister spoke about MSMEs being the backbone of India’s economy and how they can play an intrinsic role in India achieving its ambitio...
- Union Budget: Continuation of credit guarantee relief for MSMEs"Support to the MSME sector along with enhancement of credit guarantee scheme will provide much-needed relief to the sector," said Chandra ...
- India, Germany discuss investment opportunities in MSME sectorJain and Jerger talked about cooperation in the MSME sector between India and Germany with special focus on the fields of food processing, ...
- Gadkari for digitalising SFURTI schemeThe scheme provides support for creating infrastructure through Common Facility Centres, procurement of new machineries, creating raw mater...
- Efforts on to make 5,000 MSME clusters under SFURTI scheme: Nitin GadkariSFURTI (Scheme of Fund for Regeneration of Traditional Industries) offers incentives such as skill development, capacity building, creation...
- New-age lenders can be the solution to the credit chasm for MSMEsThe conventional distribution model of traditional lenders has always been tilted towards the urban areas and focuses on larger ticket size...
- View: Policy reforms must aim at easing the process of digitalisation for MSMEsGoI has taken some strong measures to provide a liquidity line to MSMEs. The ₹3 lakh crore collateral-free automatic loan, under the Emerge...
- Digital adoption will improve return on equity for Indian banks: Morgan StanleyThe forecast reflects faster growth in retail and SME segments, increased cross-sell and faster product delivery and better risk-adjusted r...
- Made in India, made for India version of Industry 4.0 needed: UNIDO’s René Van BerkelUNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization a...
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